Aviation

November 23, 2018
 

CA-CIB arranges JP Lease finance

Crédit Agricole CIB (CA-CIB) closed on 21 November the Japanese operating lease (JOL) financing of an A350-900 aircraft operated by Vietnam Airlines.

The aircraft was acquired by a subsidiary of JP Lease Products & Services Co.

CA-CIB acted as mandated lead arranger, facility agent, security trustee and senior lender on the deal.

KDB is acted as arranger and is a senior lender, alongside KDB (Tokyo branch).

IBJ Leasing Co is sole junior lender on the deal.

This is the second financing of an A350-900 aircraft operated by Vietnam Airlines arranged by CA-CIB for JP Lease over the past 12 months.